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RE: Crypto is down today. While it is not fun, this is normal.
Great post, thank you for valuable content. Crypto community (coin founders, financial traders, investors, economist and many others) appealed that there is a bubble in market (the biggest in history) and it will burst. The problem was, nobody knows when is going to happen.
But, if you traded or invested in currencies with potential and if you diversified risks, than in long run there is a high probability you will be a winner. Advice for those who panic - wait, do not look at numbers every 5 seconds, do not calculate how much you have already lost. Give yourself a break.
Heck, everyone who got in within the last 4 weeks and didn't ride the wave is probably in the red right now. I'm one of em. I'm ok with that. Things will bounce back and times to buy are ripe. It should culminate into a huge btc drop before fork.
It's only a loss if you panic and sell! While that may be wise in some cases, i feel that btc and ether will be juuuuust fine. I hope so!!!